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Posted: **Sun Jul 03, 2022 3:56 pm**

: 1 A Corporation Issued 10 000 Shares Of 10 Par Value Common Stock For 120 000 Cash 2 A Corporation Issued 5 000 Sha 1 (59.92 KiB) Viewed 12 times

: 1 A Corporation Issued 10 000 Shares Of 10 Par Value Common Stock For 120 000 Cash 2 A Corporation Issued 5 000 Sha 2 (59.92 KiB) Viewed 12 times

: 1 A Corporation Issued 10 000 Shares Of 10 Par Value Common Stock For 120 000 Cash 2 A Corporation Issued 5 000 Sha 3 (37.9 KiB) Viewed 12 times

: 1 A Corporation Issued 10 000 Shares Of 10 Par Value Common Stock For 120 000 Cash 2 A Corporation Issued 5 000 Sha 4 (39.26 KiB) Viewed 12 times

: 1 A Corporation Issued 10 000 Shares Of 10 Par Value Common Stock For 120 000 Cash 2 A Corporation Issued 5 000 Sha 5 (35.86 KiB) Viewed 12 times

1. A corporation issued 10,000 shares of $10 par value common stock for $120,000 cash. 2. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has no stated value.. 4. A corporation issued 2.500 shares of $25 par value preferred stock for $112,500 cash. Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet A B C D Record the issue of 10,000 shares of $10 par value common stock for $120,000 cash. Note: Enter debits before credits. Transaction General Journal < Prev Debit 3 of 6 Credit Next >

Hint Print eferences Ис Graw Hill View transaction list Journal entry worksheet < A с Record the issue of 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has a $1 per share stated value. Note: Enter debits before credits. Transaction 2 D General Journal < Prev Debit Credit 3 of 6 Next >

Hint Print ferences Mc Graw Hill View transaction list Journal entry worksheet A B Record the issue of 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has not stated value. Note: Enter debits before credits. Transaction 3 D General Journal < Prev Debit 3 of 6 Credit B Next >

eBook Hint Print References Mc Graw Hill View transaction list Journal entry worksheet <A B C Record the issue of 2,500 shares of $25 par value preferred stock for $112,500 cash. Note: Enter debits before credits. D Transaction General Journal < Prev Debit 3 of 6 Credit Next >